ACTIVE

2 ELEMENTS

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Financial year 2025 · closed on 31/12/2025
Net result
7,2 k €
+118.8% YoY
Gross margin
168,9 k €
+39.2% YoY
Equity
30,2 k €
+31.2% YoY

What does 2 ELEMENTS do?

2 ELEMENTS is a Private limited company incorporated in 2009. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Waterloo.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0809.483.113
Incorporation
30/01/2009
Legal form
Private limited company
Registered office
Rue des Piles 159
1410 Waterloo · WallonieSee on map
Contributed capital
6 500,00 €
Latest accounts
31/12/2025
Activities (NACE)
43222Plumbing, heat and air-conditioning installation· main43222Plumbing, heat and air-conditioning installation43221Plumbing, heat and air-conditioning installation43221Plumbing, heat and air-conditioning installation
Joint committees (1)
  • 124
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021202020192018201720162015201420132012201120102009
Income statement
Gross margin168,9 k €121,3 k €198,1 k €173,3 k €147,5 k €115,5 k €176,0 k €151,7 k €126,0 k €110,3 k €124,6 k €103,5 k €108,7 k €80,0 k €55,9 k €15,5 k €5,5 k €
EBITDA38,3 k €-10,3 k €19,7 k €67,4 k €82,6 k €47,7 k €101,8 k €87,1 k €55,5 k €49,2 k €56,4 k €29,6 k €68,7 k €67,9 k €50,3 k €15,0 k €5,2 k €
Operating result12,1 k €-34,8 k €-16,5 k €38,3 k €50,5 k €15,9 k €74,8 k €64,1 k €23,5 k €18,8 k €33,0 k €9,7 k €42,3 k €31,9 k €33,5 k €-25,4 k €-1,3 k €
Net result7,2 k €-38,2 k €-24,5 k €24,5 k €33,7 k €9,0 k €50,1 k €41,3 k €7,7 k €4,3 k €13,0 k €-1,3 k €20,5 k €17,0 k €21,7 k €-29,0 k €-1,0 k €
Balance sheet
Equity30,2 k €23,0 k €61,2 k €85,7 k €71,2 k €66,1 k €63,1 k €34,4 k €9,1 k €9,1 k €8,8 k €10,8 k €34,1 k €14,4 k €-1,8 k €-23,5 k €5,5 k €
Total assets191,5 k €140,0 k €174,5 k €331,2 k €315,5 k €287,8 k €374,9 k €271,8 k €413,3 k €365,3 k €389,2 k €450,9 k €495,9 k €393,8 k €234,0 k €202,3 k €49,1 k €
Cash53,5 k €5,7 k €1,6 k €7,5 k €31,0 k €15,3 k €39,4 k €22,5 k €2,7 k €––19,1 k €42,3 k €27,9 k €–––
Debts161,1 k €115,4 k €112,4 k €245,0 k €244,2 k €221,7 k €311,8 k €237,2 k €403,8 k €351,8 k €380,4 k €440,0 k €461,3 k €378,7 k €235,8 k €225,5 k €28,7 k €
Other
Workforce–––––––––1,0 ETP1,8 ETP2,4 ETP1,7 ETP1,0 ETP–––
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

THOMAS BARBIEUX

Director

Active

Ended mandates

KERBIX

Manager · 0860.096.426

Represented by RODOLPHE BARBIEUX

Ended
THOMAS BARBIEUX

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
EASY PEASY● Active
0786.909.431
KERBIX● Active
0860.096.426
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date08/06/202631/07/202531/07/202412/06/202326/07/202224/06/2021
General meeting03/06/202630/07/202506/05/202402/05/202302/05/202203/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202503/06/202608/06/2026FrenchPDF
Micro model31/12/202430/07/202531/07/2025FrenchPDF
Micro model31/12/202306/05/202431/07/2024FrenchPDF
Micro model31/12/202202/05/202312/06/2023FrenchPDF
Micro model31/12/202102/05/202226/07/2022DutchPDF
Micro model31/12/202003/05/202124/06/2021DutchPDF
Micro model31/12/201904/05/202023/07/2020DutchPDF
Micro model31/12/201806/05/201909/07/2019DutchPDF
Micro model31/12/201707/05/201810/07/2018DutchPDF
Abridged model31/12/201602/05/201702/06/2017DutchPDF
Abridged model31/12/201502/05/201627/07/2016DutchPDF
Abridged model31/12/201404/05/201514/08/2015DutchPDF
Abridged model31/12/201305/05/201422/08/2014DutchPDF
Abridged model31/12/201206/05/201322/08/2013FrenchPDF
Abridged model31/12/201107/05/201227/07/2012FrenchPDF
Abridged model31/12/201002/05/201129/08/2011FrenchPDF
Abridged model31/12/200903/05/201024/08/2010FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

THOMAS BARBIEUX

Director

Active

Ended mandates

KERBIX

Manager · 0860.096.426

Represented by RODOLPHE BARBIEUX

Ended
THOMAS BARBIEUX

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office16/03/2023
    SIEGE SOCIAL - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates27/12/2022
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Mandates08/12/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office26/02/2014
    SIEGE SOCIAL
    PDF
  • Other10/02/2009
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 20257,2 k €↑
  2. 2024
    Annual accounts 2024-38,2 k €↓
  3. 2023
    Annual accounts 2023-24,5 k €↓
  4. 2022
    Annual accounts 202224,5 k €↓
  5. 2021
    Annual accounts 202133,7 k €↑
  6. 2020
    Annual accounts 20209,0 k €↓
  7. 2019
    Annual accounts 201950,1 k €↑
  8. 2018
    Annual accounts 201841,3 k €↑
  9. 2017
    Annual accounts 20177,7 k €↑
  10. 2016
    Annual accounts 20164,3 k €↓
  11. 2015
    Annual accounts 201513,0 k €↑
  12. 2014
    Annual accounts 2014-1,3 k €↓
  13. 2013
    Annual accounts 201320,5 k €↑
  14. 2012
    Annual accounts 201217,0 k €↓
  15. 2011
    Annual accounts 201121,7 k €↑
  16. 2010
    Annual accounts 2010-29,0 k €↓
  17. 2009
    Annual accounts 2009-1,0 k €
  18. 30/01/2009
    IncorporationPrivate limited company